Tom Jackman comments on pension de-risking in CA magazine
Associate director, Tom Jackman, discusses whether consolidation is the right approach for DB pension schemes looking to de-risk.
Speaking to CA magazine (publication of the professional body of Chartered Accountants), Jackman comments on the loss of the employer covenant which will result from consolidation: “If the employer can find the money for the proposal, it’s not unreasonable to ask whether that money shouldn’t be available to the scheme on an ongoing basis (i.e. with the employer covenant standing behind it as well).”
Read the full article on the ICAS website